Genesis Requests Timetable for Sale, Creditor Claims

Start with the realization that the cypherpunks were right.Back in the early 1990s, prescient software guys got both excited about the internet and anxious about a future in which it would ruin every meaningful bit of privacy.The cypherpunks’ work and their writings laid out the assumptions that would drive the cryptocurrency industry, years before the…

We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”(Daniel Acker/Bloomberg via Getty Images)Jan 31, 2021 at 10:01 p.m. UTCCrypto Long & Short: GameStop, Dogecoin and a New Market ParadigmIt’s hard to do justice to the symbolism and significance of the Reddit-Robinhood-GameStop drama of…

Sam Bankman-Fried defrauded his customers and lenders, a New York jury found after a five-week trial for the FTX founder and former chief executive.The jury reached the guilty verdicts on all seven charges on the first anniversary, coincidentally, of the award-winning CoinDesk scoop that spurred the former crypto mogul's downfall."Sam Bankman-Fried perpetrated one of the biggest financial frauds in American

ETH jumps to highest since Aug. 2. Hopes for regulatory relief under the Trump presidency and Fed rate cuts galvanize demand for ETH. When a beleaguered asset is met with a burst of good news, it can unleash powerful bullish momentum, often outshining the broader market. Ethereum's native token, Ether (ETH), is experiencing this phenomenon

news Crypto exchange Kraken is on a fundraising drive, offering “select” investors a chance to purchase stakes in the firm. CEO Jesse Powell confirmed to CoinDesk that his company is looking to tap a small number of clients for a fundraising round valuing the firm at $4 billion. “There is presently a limited time opportunity…

Aug 27, 2020 at 08:00 UTCChief Scientific Advisor Jesper Buus Nielsen (in stripes) leads a meeting with the Concordium team. (Concordium)Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake…

Nov 10, 2020 at 09:00 UTCA former software engineer at Microsoft received a nine-year prison sentence Monday for an elaborate multi-million dollar criminal scheme involving bitcoin and digital gift cards.Ukrainian citizen Volodymyr Kvashuk, 26, was sentenced in the U.S. District Court in Seattle for 18 federal felonies related to his scheme to defraud Microsoft of…

news Walmart China has launched a blockchain-based platform aimed to address food safety concerns in the country. Announced Tuesday in a press release, the Chinese arm of the U.S. supermarket giant said it has teamed up with blockchain project VeChain, PwC and others on the initiative, which comes as the latest in a line of…

Dec 23, 2020 at 12:30 p.m. UTCValid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum‘Twas the penultimate night before Christmas, when all through the network, every machine was stirring, down to even the smallest Raspberry Pi. While businesses, the stock markets and many restaurants will be closed for the holidays, Ethereum…